Other Insurances Information | Generali
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Other Insurances

INFORMATION
Bike, Yacht Insurance

At Generali, we have designed insurance solutions for all your needs. See below, how you can take advantage of your insurance benefits.

Yacht

The full boat insurance package covers damages to your boat that may be caused by fire, theft, collision, impact from another boat and sea dangers.

Civil liability protects you financially in case you have to compensate third parties for injuries, death, physical damage to other boats or ports, caused by you.

According to law 4926/22 of the Greek State, all boat owners are obliged to insure their boats for Civil Liability.

Bicycle

  • According to the Highway Code, all bicycles should have lights and reflectors.
  • All bicycles should have a bell.
  • Cycling is prohibited in highways and high-speed motorways, thus your insurance policy does not cover you in this case. You should always use the appropriate bicycle routes.

The insured value of your bicycle is defined by its price and year of purchase.
The bicycle age percentage, which is subtracted from the original purchase price, is as follows:

0-3 years: 0%
3-5 years: 20%
5-7 years: 30%
7-10 years: 40%
Over 10 years: 50%

You will need to call Accident Care by dialing 18112 (Greece) or 210 80 96 100 (from abroad), in order to receive instructions and advice from our partners. Accident Care services are available 24 hours a day, 7 days a week, 365 days a year, all over Greece.

If you choose one of our contracted repair shops, you can repair your bicycle, with no payment.

Generali offers you compensation for the insured value of your bicycle. You also have the option of replacement – with a bicycle of the same price and quality, in one of our contracted repair shops.

Standard 2-wheel bicycles and electric bicycles, up to 250 watts.

Coverage is extended solely to the Insured Person, declared as the cyclist / user of the bicycle.

Theft is only covered when the bicycle is stolen from the policy holder’s residence, store room or garage and only if the above spaces had been locked and have visible signs of a break-in.

Parts and accessories are not covered. The policy covers only the Total Theft of the bicycle.